Gold & Silver Soar to Record Highs

Gold and silver prices soared to record highs on Friday, driven by escalating geopolitical tensions and a weakening U.S. dollar. Spot gold reached a peak of $2,417.59 per ounce, while silver hit a decade-high of $29.80 per ounce. Investors sought refuge in these metals due to concerns over the Ukraine conflict and Middle East tensions, exacerbated by a soft dollar. Analysts predict this trend to persist, with ongoing global risks and currency weakness fueling demand for these precious metals as safe havens.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.